Crescendo Networks Garners $5,000,000 New Round

  • Feed Type
  • Date
    8/13/2009
  • Company Name
    Crescendo Networks
  • Mailing Address
    633 Menlo Avenue Menlo Park, CA 94025
  • Company Description
    Crescendo Networks Ltd. is an innovative, award winning company, which develops, markets, and sells application acceleration devices for data centers. The company founders recognized a fundamental shift in the data center paradigm (caused by the convergence of many factors) resulting in ineffective server utilization, and growing application latency. Within this new paradigm the data center must be based upon a highly flexible, reliable, efficient and scalable model capable of supporting complex web-enabled applications, stringent business continuity requirements, predictable high-speed performance, and dynamic computing strategies.
  • Website
    http://www.crescendonetworks.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $5,000,000
  • Transaction Round
    Undisclosed
  • Proceeds Purposes
    Proceeds purposes were not disclosed.
  • M&A Terms
  • Venture Investor
    Evergreen Partners
  • Venture Investor
    Apax Partners
  • Venture Investor
    StageOne Ventures
  • Venture Investor
    Trilogy Equity Partners

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